September 30, 2025: L&T Technology Services Limited (LTTS), a global leader in AI, Digital & ER&D consulting services, has announced a $100 million multi-year agreement with a US-based industrial equipment manufacturer serving the semiconductor value chain.
The strategic partnership, part of LTTS’ Sustainability segment, will focus on new product development, sustenance engineering, value engineering, and platform automation. The deal will leverage LTTS’ expertise in AI, computer vision, and next-gen automation technologies.
As part of the agreement, LTTS will establish a Center of Excellence (CoE) to accelerate innovation, streamline platforms, and enable a digital and AI-driven transformation across the client’s operations.
Key Highlights:
- Client: US-based industrial equipment manufacturer in the semiconductor sector
- Deal Value: $100 million
- Scope: Product engineering, platform automation, AI-enabled innovation, and sustainability-focused engineering
- Impact: Enhances client’s operational efficiency, market competitiveness, and AI adoption in engineering
Amit Chadha, CEO & MD of LTTS, said, “This engagement underscores our capability to leverage AI-driven innovation to tackle complex engineering challenges. By combining automation and product engineering expertise, we aim to help our client expand their market share and stay ahead in the industry.”
About L&T Technology Services:
LTTS is a listed subsidiary of Larsen & Toubro (L&T), serving clients across industrial products, medical devices, transportation, telecom, and process industries. With over 23,600 employees across 23 global design centers, LTTS is known for its AI and digital innovation capabilities, supporting 69 Fortune 500 companies.
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